Children’s fingers, toes and noses are so overrated…
New York Unheated EV School Bus Horror
New York Unheated EV School Bus Horror
29 Dec 2025 Leave a comment
in economics of climate change, economics of education, energy economics, environmental economics, environmentalism, global warming, politics - USA, transport economics, urban economics Tags: electric cars
Parents Win Major Victory in California Public Schools in Gender Change Case
28 Dec 2025 Leave a comment
in economics of love and marriage, law and economics, politics - USA
We have been discussing the efforts of school officials around the country to block information for parents on their children…
Parents Win Major Victory in California Public Schools in Gender Change Case
Fuel rationing chaos looms in New York State
25 Dec 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA, Public Choice, transport economics Tags: electric cars
Rationing gasoline and diesel under the Climate Act is a predictable prescription for chaos. It is the mobility these motor fuels provide that guarantees rationing to meet the 2030 emissions target will not work.
Fuel rationing chaos looms in New York State
STEVE MILLOY: Trump Dismantles Climate-Industrial Complex
23 Dec 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of education, economics of natural disasters, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA, Public Choice Tags: climate alarmism
The Trump administration took a major whack at the climate-industrial complex this week. It’s a fantastic move. But another event this week spotlights the need to do more.
STEVE MILLOY: Trump Dismantles Climate-Industrial Complex
John Oliver goes after Bari Weiss and CBS News
22 Dec 2025 Leave a comment
in industrial organisation, liberalism, Marxist economics, politics - USA, television, TV shows Tags: media bias
A reader sent me a video-containing email with the header “John Oliver destroys Bari Weiss”, with the message below saying, “Somebody had to do it.” Well, yes, somebody should criticize the Free Press, which is becoming, in my view, more political (right-centrist) and less full of news. And even news stories aren’t really written by…
John Oliver goes after Bari Weiss and CBS News
Rent Control Creates Ghost Apartments
22 Dec 2025 Leave a comment
in applied price theory, econometerics, economic history, economics of regulation, law and economics, politics - USA, property rights, urban economics Tags: rent control
Adam Lehodey writing at City Journal: In New York City, making a profit on real estate has become increasingly difficult. Rent-stabilization laws built on the mantra that “housing is a human right,” a dysfunctional housing court, and myriad other interventions have driven thousands of units off the market, giving rise to the phenomenon of New York’s “ghost…
Rent Control Creates Ghost Apartments
Stop Slaying the Strawman Case Against Tariffs
19 Dec 2025 Leave a comment
in applied price theory, applied welfare economics, international economics, politics - USA Tags: free trade, tariffs
TweetHere’s a letter to a new correspondent. Mr. W__: Because I read the Wall Street Journal avidly, I was familiar, before you sent it, with its report titled “Why Everyone Got Trump’s Tariffs Wrong.” Nevertheless, thanks for your email in which you suggest that this report should prompt me to humbly reassess what you call…
Stop Slaying the Strawman Case Against Tariffs
JOHN RAINE: DRIVE CLIMATE CHANGE POLICY WITH EVIDENCE NOT ALARMISM
14 Dec 2025 1 Comment
in economic history, economics of climate change, economics of education, energy economics, environmental economics, environmentalism, global warming, politics - New Zealand, politics - USA Tags: climate alarmism
The Challenge of Opening Closed Minds The media and many politicians worldwide continue to push a narrative of impending climate catastrophe. Whether or not you are a climate change pessimist, we live on a gradually warming planet and will need to adapt to this. As global temperature rise continues, alarmists will continue to ascribe much…
JOHN RAINE: DRIVE CLIMATE CHANGE POLICY WITH EVIDENCE NOT ALARMISM
Time to Stop Pretending Renewables Are Cheap
14 Dec 2025 1 Comment
in economics of climate change, economics of regulation, energy economics, entrepreneurship, environmental economics, environmentalism, global warming, politics - Australia, politics - New Zealand, politics - USA, Public Choice, rentseeking Tags: celebrity technologies, solar power, wind power
Policymakers would do well to heed energy experts like Schernikau and Stein. Chasing luxury beliefs do not cost well-heeled climate bureaucrats and renewables ideologues much, but the burdens of irrational energy policies will be borne by the world’s poorest. The real path forward lies in pragmatic, technology-neutral approaches that prioritise energy abundance over austerity.
Time to Stop Pretending Renewables Are Cheap
Humanity Has a Huge Surplus of Economic Misunderstanding
13 Dec 2025 Leave a comment
in applied price theory, history of economic thought, industrial organisation, international economics, politics - USA, Public Choice, rentseeking Tags: free trade, tarrifs
TweetHere’s a letter to AP Fact Check. Editor: Melissa Goldin does a deep dive into the cause(s) of the U.S. “agricultural trade deficit” (“FACT FOCUS: Trump blames Biden for the agricultural trade deficit. It’s not that simple,” December 10). To what extent is this “deficit” caused by the policies of Biden? To what extent is…
Humanity Has a Huge Surplus of Economic Misunderstanding
The Legacy of Manifest Destiny: America’s Ambitious—and Controversial—Dream
13 Dec 2025 Leave a comment
in economic history, politics - USA
On December 2, 1845, U.S. President James K. Polk addressed Congress, advocating for the aggressive westward expansion of the United States—a philosophy widely known as “Manifest Destiny.” I first encountered the term in the 1970s when I heard it mentioned in Redbone’s song Wounded Knee. For years, however, I misheard the lyrics, thinking they sang […]
The Legacy of Manifest Destiny: America’s Ambitious—and Controversial—Dream
Greenpeace Asks a DUTCH Court to Overturn a $345 Million Dakota Pipeline Judgement
12 Dec 2025 Leave a comment
in economics of crime, environmental economics, environmentalism, law and economics, politics - USA, property rights Tags: constitutional law
Greenpeace appears to think European courts have pre-eminence over US courts, even for events which happened in the USA.
Greenpeace Asks a DUTCH Court to Overturn a $345 Million Dakota Pipeline Judgement
Congressional leadership is corrupt
11 Dec 2025 Leave a comment
in applied price theory, econometerics, economic history, financial economics, politics - USA, Public Choice
Using transaction-level data on US congressional stock trades, we find that lawmakers who later ascend to leadership positions perform similarly to matched peers beforehand but outperform them by 47 percentage points annually after ascension. Leaders’ superior performance arises through two mechanisms. The political influence channel is reflected in higher returns when their party controls the…
Congressional leadership is corrupt
Humphrey’s Estate and Jackson’s Experts: Supreme Court Justice Offers Surprising View of the Separation of Powers
10 Dec 2025 Leave a comment
in economics of bureaucracy, law and economics, politics - USA, Public Choice Tags: constitutional law
As I discussed in yesterday’s coverage of the oral arguments in Trump v. Slaughter, the argument went poorly for those…
Humphrey’s Estate and Jackson’s Experts: Supreme Court Justice Offers Surprising View of the Separation of Powers
Antitrust at the Agencies: Meta Analysis Edition
09 Dec 2025 Leave a comment
in applied price theory, economics of regulation, industrial organisation, law and economics, politics - USA Tags: competition law
The memorandum and order in FTC v. Meta Platforms Inc. that U.S. District Court Judge James E. Boasberg filed Nov. 18, ruling in favor of Meta, has now been followed by a Dec. 2 revised order that contained fewer redactions. The memorandum doesn’t exactly provide the law & economics analysis I would have produced, had…
Antitrust at the Agencies: Meta Analysis Edition
Utopia, you are standing in it! 
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